This new edition has been updated with the latest developments, and contains full coverage of the various contexts in which shareholders can claim an entitlement to be treated with "good faith" and analogous duties by other joint venturers. It also brings the work up to date with recent cases on the statutory remedies including the derivative claim.

The 1st Supplement was published in September 2015

The Main Work was published in December 2013

A completely fresh and re-organised analysis of the recognition, content and enforcement of a duty of good faith, and analogous duties, owed to shareholders by their co-joint venturers

A thorough re-examination of the roles of equity and wider concepts of commercial fair-dealing in this corner of commercial relations, in particular in the context of the dictum of Lord Hoffmann in O'Neill v Phillips (1999) that, for the purposes of the statutory remedies of unfair prejudice and just and equitable winding up, only settled and traditional equitable principles have a place, including the important recent decision of the UK Court of Appeal in Re Tobian Properties (2013)

The application of the statutory remedies for the protection of oppressed minorities in the case of public quoted companies: see the recent decision of the Hong Kong Court of Appeal in Re C Y Foundation Group Ltd (2013)

A fresh review of the law relating to the proper parties to unfair prejudice petitions and the persons against whom relief can be granted, drawing on recent case-law including Caldero v Beppler & Jacobson (2012-2013)

Recent case-law on the erosion of the principle of the distinct separation of shareholders from the corporate entity, including a fresh review of the recent House of Lords and Supreme Court decisions in Stone & Rolls v Moore Stephens (2009), HMRC v Holland (2010) and, last but not least, Petrodel v Prest (2013)

Recent case-law on the ability of the parties to exclude the jurisdiction of the court in the statutory remedies, ie. derivative claims, unfair prejudice, and winding up on the just and equitable basis, in favour of arbitration, in particular the recent UK Court of Appeal decision in Fulham FC v Richards (2011)